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Hong Leong Financial Group Posts Higher FY2025 Net Profit Of RM3.25 Bln

KUALA LUMPUR, Aug 27 (Bernama) -- Hong Leong Financial Group Bhd’s (HLFG) net profit for the financial year ended June 30, 2025 (FY2025) rose to RM3.25 billion from RM3.19 billion in the previous financial year, driven by improved performance of commercial banking and insurance.

Fadillah Highlights Role Of Clear Policies, Private Innovation In Clean Energy Transition At CEM16

From Harizah Hanim Mohamed

BUSAN, Aug 26 (Bernama) -- Clear policy direction and regulatory certainty by the government must be matched by the private sector’s innovation, technology deployment and financing, as public-private collaboration is the key enabler in modernising power systems.

Maybank Continues To Look For Growth Opportunities, Revises Loan, Nim Expectations - President/GCEO

KUALA LUMPUR, Aug 26 (Bernama) -- Malayan Banking Bhd (Maybank) continues to pursue growth opportunities across segments despite soft market conditions, said president and group chief executive officer (GCEO) Datuk Seri Khairussaleh Ramli. 

Public Bank 2Q Net Profit Slips To RM1.76 Bln Due To Lower Non-Taxable Income Effect

KUALA LUMPUR, Aug 26 (Bernama) -- Public Bank Bhd registers a slightly lower net profit of RM1.76 billion for the second quarter ended June 30, compared to RM1.78 billion recorded in the same period last year, due to the effect of lower non-taxable income in the current year.

Affin, CGC Ink MoU To Provide RM500 Mln In Financing For MSMEs, Mid-tier Companies

KUCHING, Aug 25 (Bernama) -- Affin Group and Credit Guarantee Corporation Malaysia Bhd (CGC Malaysia) have signed a Memorandum of Understanding (MoU) to provide RM500 million in financing to support micro, small and medium enterprises (MSMEs) and mid-tier companies (MTCs) across Malaysia.

MBSB, DayOne Form Strategic Collaboration To Drive Johor's Digital Economy

JOHOR BAHRU, Aug 22 (Bernama) -- MBSB Bhd (MBSB) and DayOne Data Centers have formed a strategic collaboration to accelerate Johor’s digital infrastructure and economic transformation in line with the Maju Johor 2030 agenda.

UOB Malaysia Supports Launch Of FMM House's RM3 Bln Asean Green MTN Programme

KUALA LUMPUR, Aug 21 (Bernama) -- United Overseas Bank (Malaysia) Bhd (UOB Malaysia) is supporting FMM House Sdn Bhd in launching its RM3 billion ASEAN Green Medium Term Notes (MTN) Programme, an initiative aimed at advancing sustainable development in Malaysia’s logistics infrastructure.

Malaysia To Transition To Value Creation-based Economy Under 13MP - Amir Hamzah

KUALA LUMPUR, Aug 21 (Bernama) -- Malaysia needs to shift to a value creation-based economy by increasing economic diversification in order to raise the ceiling of national growth, according toi Finance Minister II Datuk Seri Amir Hamzah Azizan.

RM1.4 Bln Sought For Smallholder Oil Palm Replanting Under TSPKS 2.0 - Johari 

KUALA LUMPUR, Aug 21 (Bernama) -- An allocation of RM1.4 billion under the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS 2.0), applied for by the Ministry of Plantation and Commodities (KPK) for five years, is targeted to cover oil palm replanting across 82,979 hectares (ha).

ESG Principles Relevant To Drive Greener Economy Amid Global Uncertainty

KUALA LUMPUR, Aug 21 (Bernama) -- Environmental, social and governance (ESG) principles remain relevant and essential, not only to save the planet but also to drive the transition towards a greener world and a green economy.

Impact Of US Market Restrictions On Malaysian Palm Oil Expected To Be Minimal

 KUALA LUMPUR, Aug 20 (Bernama) -- The Ministry of Plantation and Commodities (KPK) expects the direct impact of the United States (US) market restrictions on the Malaysian palm oil industry to be minimal.

Eco World Establishes RM2.0 Bln Rated Perpetual Sukuk Wakalah Programme

KUALA LUMPUR, Aug 20 (Bernama) -- Eco World Development Group Bhd’s wholly-owned subsidiary, Eco World Perpetual Capital Bhd, has established a rated Perpetual Sukuk Wakalah Programme with a nominal value of RM2.0 billion.